In 1935, Soviet geologists discovered copper, nickel, and platinum group metals in the central part of the Kola Peninsula.
Today, these materials are widely used in cutting edge industries, including green technologies.
The project is directly supervised by Andrey Chibis,
Governor of the Murmansk Region.
The project is supported by
Murmansk Region
Development Corporation.
Creating one of the world’s largest facilities to mine for platinum group metals will help develop a metals and mining cluster in the region, improve the region’s credit rating, and drive the market for services offered by local providers.
With additional support from the state budget, the region will have the resources needed to go ahead with social programmes in healthcare, education, and utilities, resulting in positive demographic changes.